Social Firms UK

Have you chosen a legal structure for your Social Firm business? Are you in the process of choosing a legal structure for your Social Firm business? If you are in either of these situations, and are considering the use of the Company Limited by Guarantee, then this new resource will be of interest to you. Social Firms UK, in partnership with Geof Cox at Economic Partnerships Ltd, has recognised that the majority of Social Firms are currently choosing to adopt the Guarantee Company form and have taken the steps of forming a template Memorandum and Articles for Social Firms wanting to register their business in this way.

The template was updated in December 2009 in the light of recent changes in legislation.

There is already a wealth of advice and information about general business development in the social enterprise sector.  So 'The Extra Elements: A Social Firm Trainer' has been has been designed purely to fill the gaps specific to setting up and running a Social Firm that they don't cover.  It is therefore a tool that is complimentary to, and should be used alongside, what is already available.  It is split into six parts:

•      Introduction & acknowledgements
• A:  What is a Social Firm?
• B:  How does starting and growing a Social Firm differ from other business development?
• C:  Developing the right organisational structure for a Social Firm
• D:  Raising appropriate start-up funding for a Social Firm
• E:  Developing supplimentary income streams
• F:  Developing a supportive workplace.